Trump Media Reports Just $2.3 Million in Sales for First Half of Year
- Filing marks first in-depth look at finances of company
- Company posts loss of $23 million on $2.3 million in revenue
Donald Trump
Photographer: David Dee Delgado/Getty ImagesThis article is for subscribers only.
Donald Trump’s social-media business generated just $2.3 million in sales in the first half of the year on its way to a loss, underscoring the nascent company’s struggles as it pushes to close a deal that would make it publicly traded.
Those are the findings from the first in-depth look at how Trump Media & Technology Group is faring almost three years after its founding. The results were disclosed in a regulatory filing Monday evening by Digital World Acquisition Corp., the blank-check firm that’s been trying to merge with Trump Media since late 2021.